A social welfare ordering suited for ordered response data is introduced. Paretian probability transfers (PPTs) and equalizing probability transfers (EPTs) respectively capture society’s preference for efficiency and equity. The resulting relation is shown to generate a complete lattice over the set of cumulative distributions. A Gamma curve (akin to the generalized Lorenz curve—enabling the researcher to explore welfare orderings) and a class of social welfare functions are also introduced. The methodology is illustrated using Egyptian data on nutritional status.
|Place of Publication||Aberdeen|
|Publisher||University of Aberdeen Business School|
|Number of pages||31|
|Publication status||Published - 3 Feb 2016|
|Name||Discussion Paper in Economics|
|Publisher||University of Aberdeen|
- Social welfare measurement
- ordered response health data
- Paretian probability transfers
- equalizing probability transfers
- complete lattices
- Gamma curves
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
Abul Naga, R. H., & Yalcin, T. (2016). Social Welfare Analaysis for Ordered Response Data. (pp. 1-30). (Discussion Paper in Economics; Vol. 16, No. 2). Aberdeen: University of Aberdeen Business School.